Funds | The Asian Age

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The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.

Jet pilots appeal SBI to release Rs 1,500 cr funds, asks PM to save 20,000 jobs

The airline's pilots along with engineers and senior staff were last paid for December, 2018.

15 Apr 2019 11:45 AM

Uber acquired a 27.5 per cent stake in Grab’s business.

Grab targets another USD 2 billion funding this year: CEO

Grab is also looking to make at least six investments or acquisitions this year.

08 Apr 2019 12:28 PM

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Retail NBFCs likely to see improved liquidity in second half of FY 20

The central bank is also working towards merging three categories of NBFCs.

08 Apr 2019 8:59 AM

The bonds are set to mature on March 28, 2024.

Canara Bank issues bonds from London branch to raise up to USD 400 mn

Shares of the bank closed 1.63 per cent down at Rs 271.70 a piece on the BSE.

22 Mar 2019 4:24 PM

IL&FS Transportation Networks said principal amount of the defaulted debentures is Rs 20.80 crore and interest is Rs 11.62 lakh.

IL&FS Transportation Networks defaults on NCD payments due to insufficient funds

The group's total debt stood at over Rs 90,000 crore as of October 2018.

22 Mar 2019 1:26 PM

The earmarked fund shall not be clubbed with any other funds such as Investor Protection Fund.

Sebi asks exchanges dealing in agri-commodity derivatives to create fund for farmers

The exchanges would be required to disseminate the details of the action plan on their websites under intimation to Sebi.

21 Mar 2019 9:39 AM

The appellate tribunal also said it will also look into the issue of discriminatory distribution of the funds between financial and operational creditors.

NCLAT gives conditional nod to ArcelorMittal's Rs 42,000 cr plan for Essar Steel

ArcelorMittal's resolution proposal provides financial creditors Rs 41,987 cr out of their total dues of Rs 49,395 cr.

18 Mar 2019 3:57 PM

RCom asset monetisation deal failed because Reliance Jio refused to take responsibility of past dues of the Anil Ambani-led firm.

NCLAT reserves order on RCom plea to release funds

RCom has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.

14 Mar 2019 8:48 AM

OMOs are money market tools to infuse or suck out liquidity from the system.

RBI to infuse Rs 12,500 crore via OMOs on Thursday

The purchase will happen through multi-security auction using the multiple price method.

13 Mar 2019 8:24 AM

Chief Minister and TRS supremo K Chandrasekhar Rao. (Photo: PTI)

Telangana govt set to present Budget tomorrow

Both the Assembly and Council will meet separately at 11.30 am.

21 Feb 2019 11:32 AM

Rajasthan Chief Minister Ashok Gehlot. (Photo: File)

Gehlot seeks Rs 1000 crore under MGNREGA from Centre

Rajasthan is among the top states to implement MGNREGA scheme and nearly 42.33 lakh rural families have been given work under the scheme.

20 Feb 2019 11:53 AM

At the end of December 2018, promoter entities held 75 per cent stake in the company.

Reliance Power promoters aim Rs 2,500 crore from stake sale

Shares of Reliance Power rose 2.20 per cent to Rs 11.60 apiece on BSE.

19 Feb 2019 2:07 PM

Govt to provide more funds for Ayushman Bharat next year: Goyal

The interim Budget presented last week has raised the allocation for Ayushman Bharat scheme to Rs 6,400 crore for 2019-2020.

08 Feb 2019 11:54 AM

The fresh transaction with QIA will not involve any sale of shares by the existing shareholders. (Photo: PTI)

Airtel Africa completes USD 200-mn funding transaction with Qatar sovereign fund

Airtel decided to use the proceeds from QIA to further reduce Airtel Africa's existing net debt.

31 Jan 2019 1:26 PM

SBI set to own 15 pc of Jet Airways after debt for equity swap: reports

Jet Airways would seek a shareholder nod next month to convert existing debt into equity,

29 Jan 2019 4:16 PM

Etihad has sought various relaxations, including exemption from possible open offer in case it infuses more funds into Jet Airways.

Sebi says no reference received on relaxing rules in Jet Airways matter

Jet Airways is looking to raise fresh funds, including from strategic partner Etihad.

24 Jan 2019 1:47 PM

Finance ministry has said the public sector banks (PSBs) can also raise funds through the debt ETF route.

Over dozen CPSEs evince interest in raising funds via debt ETF next fiscal

As many as 10-15 CPSEs have shown interest to try the debt ETF route for fund raising in next fiscal.

01 Jan 2019 10:58 AM

Air India has also realised a rental income of Rs 314 crore approximately. (Photo: File | AFP)

Govt has prepared revival plan for Air India: Jayant Sinha

Till date, Air India has realised an amount of Rs 410 crore through sale of its non-core assets in various cities in India and abroad.

27 Dec 2018 2:30 PM

Govt would give funds to four to five banks under a prompt corrective action plan after considering their financial results.

State banks recover USD 8.69 billion of bad loans in April-September

Banks have raised 244.4 billion rupees from the market this fiscal year.

20 Dec 2018 5:45 PM

Ola has been aggressively ramping up its ride hailing platform and food delivery operations. (Photo: AP)

SoftBank, other investors, keen to pump up to USD 1 billion in Ola

Company saw its consolidated total income rising over 70 per cent to Rs 1,380.7 cr as against Rs 810.7 cr.

04 Dec 2018 6:20 PM

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Sunil Gatade